privatization

Crisis with Saudi investor over NUBASEED almost over
Business

Crisis with Saudi investor over NUBASEED almost over

The government has almost put an end to one of the longest conflicts between the state and foreign investors, which…
Misdemeanor court hands PM jail sentence
Egypt

Misdemeanor court hands PM jail sentence

The Dokki Misdemeanor Court on Wednesday sentenced Prime Minister Hesham Qandil to one year in prison and ordered he be…
Qandil acquitted in privatization case
Egypt

Qandil acquitted in privatization case

The Dokki Misdemeanors Court issued its verdict today acquitting Prime Minister Hesham Qandil from liability and impeachment in light of a lawsuit…
Cabinet mulling FJP privatization plan
Business

Cabinet mulling FJP privatization plan

An unnamed official revealed the Cabinet is mulling a Freedom and Justice Party proposal to privatize portions of public companies…
Court rules Centamin’s Sukari mine contract invalid
Egypt

Court rules Centamin’s Sukari mine contract invalid

  Centamin's contract to exploit the Sukari gold mine in Egypt is invalid, an Egyptian administrative court ruled on Tuesday,…
Is the government trying to tap into the lucrative mobile phone industry?
Business

Is the government trying to tap into the lucrative mobile phone industry?

With a mobile phone in the hands of nearly every Egyptian and three large companies vying to provide customers with…
Court commissioners reject appeal against renationalization of company
Egypt

Court commissioners reject appeal against renationalization of company

The commissioners to the State Council Administrative Court have rejected a government appeal against an earlier administrative court ruling to…
50% increase in Egypt-Saudi trade volume in 2012
Business

50% increase in Egypt-Saudi trade volume in 2012

The amount of trade between Egypt and Saudi Arabia increased during the first quarter of 2012 by 50 percent, compared…
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